IAM Advisory LLC cut its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) by 42.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 386,667 shares of the company’s stock after selling 286,540 shares during the period. ProShares S&P 500 Aristocrats ETF comprises approximately 8.9% of IAM Advisory LLC’s holdings, making the stock its 3rd largest holding. IAM Advisory LLC owned approximately 0.34% of ProShares S&P 500 Aristocrats ETF worth $40,240,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of the business. Nvwm LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 446.7% in the third quarter. Nvwm LLC now owns 246 shares of the company’s stock worth $25,000 after purchasing an additional 201 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the second quarter worth $29,000. Nemes Rush Group LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 627.5% in the third quarter. Nemes Rush Group LLC now owns 291 shares of the company’s stock valued at $30,000 after buying an additional 251 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at $35,000. Finally, Grey Fox Wealth Advisors LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter valued at about $40,000.
ProShares S&P 500 Aristocrats ETF Stock Down 1.3%
ProShares S&P 500 Aristocrats ETF stock opened at $104.15 on Friday. The stock has a 50-day simple moving average of $110.79 and a 200 day simple moving average of $106.09. The stock has a market capitalization of $11.81 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 12-month low of $89.76 and a 12-month high of $115.31.
About ProShares S&P 500 Aristocrats ETF
The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is an exchange-traded fund that is based on the S&P 500 Dividend Aristocrats index. The fund tracks an equal-weighted index of S&P 500 constituents that have increased dividend payments annually for at least 25 years. NOBL was launched on Oct 9, 2013 and is managed by ProShares.
Further Reading
Want to see what other hedge funds are holding NOBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report).
Receive News & Ratings for ProShares S&P 500 Aristocrats ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares S&P 500 Aristocrats ETF and related companies with MarketBeat.com's FREE daily email newsletter.
